Union Pacific, Norfolk Southern Railway
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The merger still requires approval from the Surface Transportation Board, a federal agency, a process that could take over a year. In the meantime, the city of Omaha is optimistic about its potential to spur local development and economic growth. 'I watched the fireball go up': Fremont community in shock after building explodes with 3 people inside
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Trains on MSNUnion says it will oppose UP-NS mergerThe SMART union will oppose the Union Pacific-Norfolk Southern merger when it goes to the Surface Transportation Board for approval, the union said today. “We approach this development with measured skepticism rooted in the real-world impact such consolidation could have on rail workers,
Union Pacific excels in efficiency, capital returns, and growth potential. Click here for a full investment analysis of UNP stock and its latest earnings report.
Thousands of rail employees across the region are watching developments that could impact their future. The nation’s four largest railroad companies are mulling plans to merge into just two giant systems.
The business news last week was the announcement of a potential merger of two giant railroads. Union Pacific is considering acquiring or merging with Norfolk Southern. This could have potential impact in our area.
UnitedHealth (NYSE:UNH) said that it is cooperating with a Justice Department investigation into its Medicare billing practices. "UnitedHealth Group proactively reached out to the Department of Justice after reviewing media reports about investigations into certain aspects of the Company’s participation in the Medicare program.